As of March 27, the KAT price is $0.01, up 12.21% in the past 24 hours. Katana is a DeFi platform that offers lending and trading services, and enables cross-chain asset yields through the Vault Bridge mechanism. Recently, KAT was listed on a Korean exchange, increasing liquidity, and the perpetual contract platform Katana Perps, in partnership with IDEX, was launched to enhance ecosystem functionality and token utility.

Polygon Labs and GSR-incubated DeFi chain Katana have acquired the decentralized exchange IDEX and launched the native perpetual futures platform Katana Perps, marking a strategic upgrade in their on-chain trading infrastructure. The platform integrates IDEX's technology, aims to improve trading efficiency while maintaining on-chain advantages, and further enhances the DeFi ecosystem.

Gate News bot message, according to the official Gate announcement on February 6, 2026 Gate will delist the FWOG, ALMANAK, 42, IDEX, SD, ASP, ACX, and COMMON perpetual contract trading markets at 16:00 (UTC+8) on February 6, 2026. Starting from 15:30 (UTC+8) on the same day, the above contract trading markets will be adjusted to reduce-only mode, and trading will cease at 16:00 (UTC+8). According to the announcement, Gate will settle and liquidate open positions based on the average index price during the last half hour before delisting. Any unfilled orders will be automatically canceled. If there is excessive price fluctuation in the last half hour, a broader range of the average index price will be used for settlement.